£520,704
This estimated value is based upon the latest sale price for the house of £326,000 on 3 Jan 2014. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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| Price Paid | Date |
|---|---|
| £326,000 | 3 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST SUSSEX to estimate the market value.
When this house was purchased in January 2014 the House Price Index for WEST SUSSEX was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £326,000 results in an estimated price of approximately £520,704.
| 3 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £326,000 | £194,704 | £520,704 |
The Postcode Pricing Model uses changes in average sales price within the BN6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 160.120 % | £521,992 | £847,992 |
| 3 Month Average | 64.407 % | £209,966 | £535,966 |
| 6 Month Average | 61.133 % | £199,293 | £525,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £380,116 | £375,000 | 8 BARN CLOSE |
| 12 Jun 2023 | £445,395 | £440,000 | 13 BARN CLOSE |
| 5 Aug 2022 | £947,450 | £950,000 | MUSCARI HOUSE LEYFIELD |
| 23 May 2022 | £1,324,966 | £1,300,000 | FINCHES THE STREET |
| 17 May 2022 | £489,218 | £480,000 | 1 BARN CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 17 Apr 2013. Using an estimated price of £520,705 means this house is valued at £4,777 per sq meter (£443 per sq foot).
The average size of a house on REED CLOSE is 139 sq meters (1,497 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Mar 2024 | Possession of weapons | Under investigation | On or near London Road |
| Feb 2024 | Public order | Under investigation | On or near London Road |
| Dec 2023 | Drugs | Under investigation | On or near London Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Leyfield |